Latest news
High Court rectifies will after solicitor’s “clerical error”
A High Court judge has rectified a will after finding it was “beyond doubt” that the solicitor who drafted it “made a clerical error” in failing to implement her client’s instructions.
LeO’s backlog “reflects scale of challenges”, chief ombudsman says
The backlog of almost 3,400 cases waiting to be investigated at the Legal Ombudsman “reflects the scale of the challenges” it faces, the chief ombudsman has said.
“Urgent action” on SLAPPs needed, says minister – but no legislation yet
The government yesterday said it recognised “an urgent need for legislation” to prevent SLAPPs but would not at this stage commit to a standalone bill.
Law Society leaders take their lumps but survive no-confidence vote
The Law Society leadership yesterday fought off a vote of no confidence in how it represents conveyancers but took plenty of criticism along the way.
South Asian lawyers “experience discrimination in career progression”
Two-thirds of South Asian partners in large London law firms have experienced racial discrimination in career progression, a new report has found.
Complaints about the SRA rise by 29%
Complaints about the Solicitors Regulation Authority’s handling of cases rose by 29% last year, with the increase in interventions part of the reason.
NY lawyers can passively invest in ABSs, says city bar association
A New York lawyer may hold a financial interest in an alternative business structure operating legally elsewhere, the city bar association has said.
Huge hike in compensation fund levy to go ahead
The Solicitors Regulation Authority is pressing ahead with a huge hike in the compensation fund levy in the wake of the spiralling cost of law firm failures.
Aggregation fears “set to drive up cost” of indemnity insurance
Solicitors may face a more restricted professional indemnity insurance market this year amid growing concern over limitations on insurers aggregating claims.
Accusations fly amid “hostility” between LSB and Bar regulator
Relations between the Legal Services Board and the Bar Standards Board are close to breaking point over the speed of reform at the barrister regulator.
Blog
Beyond PCP: Can regulators and lawyers work better together next time?
Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
